Zhongxin CSEC: Shareholders such as Guangdong Hongtu plan to reduce their holdings by no more than 1.8385% of the shares.

Announcement of China New Secock: Shareholders Guangdong Hongtu Entrepreneurial Investment Co., Ltd., Nanjing Hongtu Entrepreneurial Investment Co., Ltd., Kunshan Hongtu High-tech Entrepreneurial Investment Co., Ltd., and Zhengzhou Bairui Innovation Capital Entrepreneurial Investment Co., Ltd., collectively holding 3.1393 million shares of the company, plan to reduce their holdings through centralized auction trading and block trading within 3 months after the disclosure date of this announcement, totaling no more than 3.1393 million shares, accounting for 1.8385% of the total share capital. For centralized auction trading, the total reduction within any consecutive 90 days shall not exceed 1% of the total shares of the company, and for block trading, the total reduction within any consecutive 90 days shall not exceed 2% of the total shares of the company. The selling price will be determined based on market price. The implementation of this reduction plan will not lead to a change in the company's control.